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Due to favorable news related to fee switch, UNI experienced a brief surge of over 8%.

4 hours ago

On August 12th, according to HTX market data, due to the influence of the positive news related to fee switching, UNI witnessed a rapid surge of over 8%. It is currently trading at $11.8. BlockBeats had previously reported that the Uniswap Foundation recently proposed to establish a new legal entity named "DUNI" for its governance organization within the "Decentralized Autonomous Non-Profit Association" (DUNA) legal framework in Wyoming. The Uniswap Foundation stated in the announcement that by adopting the DUNA framework, it will open the way for protocol fees. At this point, some of the liquidity provider fees will be transferred to the DAO treasury.
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Trump to Extend Tariff Deadline on China by 90 Days

On August 12th, as per CNBC, it is expected that Trump will postpone the deadline for imposing tariffs on China by 90 days.

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Trump: Will Not Impose Tariffs on Gold

On August 12th, following a U.S. federal ruling which led to chaos and turmoil in the global gold market, President Trump stated on Monday that he "will not impose tariffs on gold!". After Trump's announcement, gold futures on the New York Mercantile Exchange remained almost unchanged. Spot gold regained some of its lost ground, but still closed down by more than 1% on that day. As of Monday afternoon local time, no official new policy had been announced by U.S. institutions yet. (FXStreet)

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Circle Issues 100 Million USDC on the Ethereum Network

On August 12th, according to the monitoring of whale_alert, Circle minted 100 million USDC on the Ethereum network 8 minutes ago.

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Trump Team Expands Fed Chair Candidate Pool

August 12th. As per foreign media reports, officials have stated that the Trump team is broadening the scope of candidates for the position of Federal Reserve Chair. Federal Reserve Governor Bowman and Fed Vice Chair Jefferson are among those being taken into consideration. The White House is anticipated to make the announcement regarding the Federal Reserve Chair nominee this autumn. (FX678)

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Market News: Coinbase Ventures Acquires TON Tokens from Telegram

On August 12th, according to market information, an executive of the TON Foundation disclosed that Coinbase Ventures purchased TON tokens directly from Telegram. BlockBeats alerts users: At present, this news has not been officially confirmed by Coinbase Ventures and is for reference only.

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In the last 24 hours, the entire network has seen a total of $439 million in liquidations, with both longs and shorts getting wiped out.

August 12th. According to data from Coinglass, within the past 24 hours, a total of $439 million was liquidated across the entire network. Globally, 124,354 people were liquidated. Among them, long positions were liquidated to the tune of $214 million, while short positions saw a liquidation of $225 million. The asset with the highest liquidation was BTC, with $124 million being liquidated, and ETH came in second with $91.0 million being liquidated.

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